DescriptionOn the instructions of the Receiver, we now request all parties with an interest in purchasing this property to put forward a Best Bid prior to 3.00pm on Wednesday 9th October 2019
A copy of the bid process letter can be found on the Dataroom for the sale, which can be accessed at stationroad-development-site.com
***Superb Residential Development Opportunity with F.P.P. for the construction of 49 apartments and 12 townhouses. Potential to achieve a higher density residential scheme in excess of 100 units (S.P.P.).***
A data room has been commissioned for the sale of the site and can be accessed via www.stationroad-development-site.com
The site extends to approx. 2.5 acres and benefits from access onto Station Road with approximately 50 metres of frontage. Portmarnock Train Station adjoins the site to the east while existing residential dwellings surround the property to the south and west.
Planning permission (Reg. Ref. No. F09A/0381) was originally granted and subsequently extended (Reg. Ref. No. F09A/0381/E1) until the 22nd December 2020 for a development comprising of 49 apartments and 12 houses.
Planning advice received indicates that an increased residential scheme in excess of 100 units could be achievable on the site (S.P.P.), having regard to recent statutory changes to apartment design guidelines and heights.
Under the Fingal County Council Development Plan 2017-2023 the entire site is zoned RS – Residential, that is ‘to provide for residential development and protect and improve residential amenity’.
The site is located on Station Road, within a short distance of Portmarnock Village. Portmarnock Village is situated in a picturesque setting with envious views of the Irish Sea, Howth and Ireland’s Eye. The village is home to a number of popular restaurants and bars with amenities including Velvet Strand.
Portmarnock is also well serviced by excellent educational facilities including Portmarnock Community School, St. Helen’s and St. Marnock’s Primary School. Further notable amenities located nearby include Malahide Castle, Malahide Golf Club and Portmarnock Golf Club while Clarehall Shopping Centre, which has a variety of popular shops including Tesco, Eir and Easons is also located nearby.
The site is situated close to a number of excellent public transport links including Portmarnock train station which adjoins the site and offers frequent services to a number of destinations including Dublin City Centre and Bray, while regular Dublin Bus services are also available along Strand Road. Furthermore, the property is also within easy reach of Dublin Airport, along with the M1 and M50 motorways.